Gas Market Expert Argues All-Land Pipeline Better Deal for Alaska Than LNG
Posted on Jan 5, 2006 in Liquefaction, LNGLawBlog, Markets and Competition, Pipelines, State and Local Issues | Comments Off on Gas Market Expert Argues All-Land Pipeline Better Deal for Alaska Than LNG
The January issue of the Alaska Journal of Commerce reports on a speech by University of Alaska Professor Douglas Reynolds, in which he argues that Alaska would benefit more from an all-land pipeline from Alaska through Canada to the Lower 48 than from building a liquefaction facility at Valdez and shipping the LNG to the U.S. West Coast. Reynolds asserts that as a result of competition with Asian markets, the West Coast is a weaker market than, for example, the U.S. Midwest, and therefore buyers could drive down the price of natural gas.